More than 943,000 U.S.-based companies have announced plans to hire seasonal workers this year. That’s up 11% from last year. But workers are hardly jumping at these opportunities. Retail seasonal hiring was down 9% last month compared to last October.
Employers across the board are having trouble filling open jobs. Many feel it’s a just matter of time before some 7.4 million unemployed Americans return to work — especially now that children above the age of five can get vaccinated against COVID-19.“Seasonal transportation and warehousing hiring was down 17% last month compared to last October”
“Clearly, companies are gearing up for high demand this holiday season, but the worker shortage will complicate matters,” said Andrew Challenger, senior vice president at Challenger, Gray & Christmas. Some shoppers appear extra eager to hit stores this holiday season. One recent survey by MassMutual found that Americans are optimistic about their finances and plan to spend more than $1,200 on average on holiday-related purchases, and the National Retail Federation forecasts a record high holiday shopping season.
“Even if there weren’t issues in the general supply chain this holiday season, the worker supply shortage too will mean longer wait times and unstocked shelves,” Challenger said.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Treasury yields move lower ahead of U.S. retail sales dataTreasury yields pull back Tuesday as investors await the latest reading on U.S. retail sales.
Les mer »
U.S. retail sales surge as Americans kick off holiday shopping, brighten economic outlookU.S. retail sales surged in October as Americans eagerly started their holiday shopping early to avoid empty shelves amid shortages of some goods because of the ongoing pandemic, giving the economy a lift at the start of the fourth quarter.
Les mer »
100 People Transforming Business presents shopping and retail leadersThe pandemic accelerated online retailers' need for customer data, and platforms like Shopify and TikTok made it easier to acquire- Presented by AlightSolutions
Les mer »
Stocks in Japan set to rise, as stronger-than-expected U.S. retail sales boost Wall StreetChinese tech giant Baidu is set to announce its third-quarter results later on Wednesday.
Les mer »
Retail boost helps lift S&P 500U.S. stocks closed higher on Tuesday as earnings from Home Depot and retail sales data signaled solid consumer health and eased worries about a Federal Reserve that may have to become more aggressive in the face of rising inflation.
Les mer »
Le Château Relaunch: The Return Of A Canadian Retail StapleTwo short years after closing its doors, the Le Château relaunch includes a glitzy holiday collection entitled “Glamour Capsule.”
Les mer »